The North America Nutracosmetic Market would witness market growth of 7.5% CAGR during the forecast period (2022-2028).
The rise in internet usage has resulted in a significant increase in the number of social media users. Taking that into consideration, nutracosmetics' stakeholders are actively involved in spreading the word about their products' advantages by utilizing social media platforms like Facebook & Instagram. Furthermore, using social media is among the methods used by different manufacturers to spread knowledge about their product offers among their target market on social media channels. Thus, the nutracosmetics companies are anticipated to gain different opportunities to improve client reach among its target groups via social media awareness approach.
The market for nutracosmetics is expanding as a result of convergence in technology, beauty, & lifestyle. A surge in the number of women who are conscious of their appearance has also contributed to the nutracosmetics market's consistent and sustained expansion over the years. A number of additional aspects include an increase in the number of women working, increased awareness of the need of keeping beauty for a long time, and changes in lifestyle. As a result, growing consumer knowledge of trendy and natural skin care products considerably fuels the demand for these products.
The demand for nutracosmetics is gradually increasing in the United States. This is because, in the United States, a large amount of money spent on cosmetics is now made online. Customers can now choose healthier options for themselves & the environment that were previously thought to be inaccessible because of changing lifestyles brought on by increases in income; this is propelling the market in the North America region toward significant growth.
The US market dominated the North America Nutracosmetic Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1.2 billion by 2028. The Canada market is poised to grow at a CAGR of 10% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9% during (2022 - 2028).
Based on Ingredient, the market is segmented into Carotenoids, Probiotics, Vitamins, and Others. Based on Application, the market is segmented into Skin Care, Hair Care, and Nail Care. Based on Demographic, the market is segmented into Female and Male. Based on Distribution Channel, the market is segmented into Hypermarket & Supermarket, Specialty Stores, Pharmacies & Drug Stores, Online Sales Channel, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Nutracosmetic Market is Estimated to reach $5.6 Billion by 2028, at a CAGR of 7.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include BASF SE, Amway Corporation, Pfizer, Inc., GlaxoSmithKline PLC, Blackmores Limited, Shiseido Company, Limited, Suntory Holdings Limited (Kotobuki Realty Co., Ltd.), and KORA Organics by Miranda Kerr Pty Ltd., Herbalife nutrition Ltd., and GNC Holdings, LLC
Scope of the Study
Market Segments Covered in the Report:
By Ingredient
- Carotenoids
- Probiotics
- Vitamins
- Others
By Application
- Skin Care
- Hair Care
- Nail Care
By Demographic
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- BASF SE
- Amway Corporation
- Pfizer, Inc.
- GlaxoSmithKline PLC
- Blackmores Limited
- Shiseido Company, Limited
- Suntory Holdings Limited (Kotobuki Realty Co., Ltd.)
- KORA Organics by Miranda Kerr Pty Ltd.
- Herbalife nutrition Ltd.
- GNC Holdings, LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Nutracosmetic Market, by Ingredient
1.4.2 North America Nutracosmetic Market, by Application
1.4.3 North America Nutracosmetic Market, by Demographic
1.4.4 North America Nutracosmetic Market, by Distribution Channel
1.4.5 North America Nutracosmetic Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Nutracosmetic Market
Chapter 4. North America Nutracosmetic Market by Ingredient
4.1 North America Carotenoids Market by Country
4.2 North America Probiotics Market by Country
4.3 North America Vitamins Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Nutracosmetic Market by Application
5.1 North America Skin Care Market by Country
5.2 North America Hair Care Market by Country
5.3 North America Nail Care Market by Country
Chapter 6. North America Nutracosmetic Market by Demographic
6.1 North America Female Market by Country
6.2 North America Male Market by Country
Chapter 7. North America Nutracosmetic Market by Distribution Channel
7.1 North America Hypermarket & Supermarket Market by Country
7.2 North America Specialty Stores Market by Country
7.3 North America Pharmacies & Drug Stores Market by Country
7.4 North America Online Sales Channel Market by Country
7.5 North America Others Market by Country
Chapter 8. North America Nutracosmetic Market by Country
8.1 US Nutracosmetic Market
8.1.1 US Nutracosmetic Market by Ingredient
8.1.2 US Nutracosmetic Market by Application
8.1.3 US Nutracosmetic Market by Demographic
8.1.4 US Nutracosmetic Market by Distribution Channel
8.2 Canada Nutracosmetic Market
8.2.1 Canada Nutracosmetic Market by Ingredient
8.2.2 Canada Nutracosmetic Market by Application
8.2.3 Canada Nutracosmetic Market by Demographic
8.2.4 Canada Nutracosmetic Market by Distribution Channel
8.3 Mexico Nutracosmetic Market
8.3.1 Mexico Nutracosmetic Market by Ingredient
8.3.2 Mexico Nutracosmetic Market by Application
8.3.3 Mexico Nutracosmetic Market by Demographic
8.3.4 Mexico Nutracosmetic Market by Distribution Channel
8.4 Rest of North America Nutracosmetic Market
8.4.1 Rest of North America Nutracosmetic Market by Ingredient
8.4.2 Rest of North America Nutracosmetic Market by Application
8.4.3 Rest of North America Nutracosmetic Market by Demographic
8.4.4 Rest of North America Nutracosmetic Market by Distribution Channel
Chapter 9. Company Profiles
9.1 BASF SE
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.2 Amway Corporation
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Product Launches and Product Expansions:
9.3 Pfizer, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional & Segmental Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition, Mergers and Joint Ventures:
9.4 GlaxoSmithKline PLC
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.5 Blackmores Limited
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.6 Shiseido Company, Limited
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.7 Suntory Holdings Limited (Kotobuki Realty Co., Ltd.)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.8 KORA Organics by Miranda Kerr Pty Ltd
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.2.2 Product Launches and Product Expansions:
9.9 Herbalife Nutrition Ltd.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Regional Analysis
9.9.4 Recent strategies and developments:
9.9.4.1 Partnerships, Collaborations, and Agreements:
9.10. GNC Holdings, LLC
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Product Launches and Product Expansions:
TABLE 1 North America Nutracosmetic Market, 2018 - 2021, USD Million
TABLE 2 North America Nutracosmetic Market, 2022 - 2028, USD Million
TABLE 3 North America Nutracosmetic Market by Ingredient, 2018 - 2021, USD Million
TABLE 4 North America Nutracosmetic Market by Ingredient, 2022 - 2028, USD Million
TABLE 5 North America Carotenoids Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Carotenoids Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Probiotics Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Probiotics Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Vitamins Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Vitamins Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Nutracosmetic Market by Application, 2018 - 2021, USD Million
TABLE 14 North America Nutracosmetic Market by Application, 2022 - 2028, USD Million
TABLE 15 North America Skin Care Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Skin Care Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Hair Care Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Hair Care Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Nail Care Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Nail Care Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Nutracosmetic Market by Demographic, 2018 - 2021, USD Million
TABLE 22 North America Nutracosmetic Market by Demographic, 2022 - 2028, USD Million
TABLE 23 North America Female Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Female Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Male Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Male Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Nutracosmetic Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 28 North America Nutracosmetic Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 29 North America Hypermarket & Supermarket Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Hypermarket & Supermarket Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Specialty Stores Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Specialty Stores Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Pharmacies & Drug Stores Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Pharmacies & Drug Stores Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Online Sales Channel Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Online Sales Channel Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 39 North America Nutracosmetic Market by Country, 2018 - 2021, USD Million
TABLE 40 North America Nutracosmetic Market by Country, 2022 - 2028, USD Million
TABLE 41 US Nutracosmetic Market, 2018 - 2021, USD Million
TABLE 42 US Nutracosmetic Market, 2022 - 2028, USD Million
TABLE 43 US Nutracosmetic Market by Ingredient, 2018 - 2021, USD Million
TABLE 44 US Nutracosmetic Market by Ingredient, 2022 - 2028, USD Million
TABLE 45 US Nutracosmetic Market by Application, 2018 - 2021, USD Million
TABLE 46 US Nutracosmetic Market by Application, 2022 - 2028, USD Million
TABLE 47 US Nutracosmetic Market by Demographic, 2018 - 2021, USD Million
TABLE 48 US Nutracosmetic Market by Demographic, 2022 - 2028, USD Million
TABLE 49 US Nutracosmetic Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 50 US Nutracosmetic Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 51 Canada Nutracosmetic Market, 2018 - 2021, USD Million
TABLE 52 Canada Nutracosmetic Market, 2022 - 2028, USD Million
TABLE 53 Canada Nutracosmetic Market by Ingredient, 2018 - 2021, USD Million
TABLE 54 Canada Nutracosmetic Market by Ingredient, 2022 - 2028, USD Million
TABLE 55 Canada Nutracosmetic Market by Application, 2018 - 2021, USD Million
TABLE 56 Canada Nutracosmetic Market by Application, 2022 - 2028, USD Million
TABLE 57 Canada Nutracosmetic Market by Demographic, 2018 - 2021, USD Million
TABLE 58 Canada Nutracosmetic Market by Demographic, 2022 - 2028, USD Million
TABLE 59 Canada Nutracosmetic Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 60 Canada Nutracosmetic Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 61 Mexico Nutracosmetic Market, 2018 - 2021, USD Million
TABLE 62 Mexico Nutracosmetic Market, 2022 - 2028, USD Million
TABLE 63 Mexico Nutracosmetic Market by Ingredient, 2018 - 2021, USD Million
TABLE 64 Mexico Nutracosmetic Market by Ingredient, 2022 - 2028, USD Million
TABLE 65 Mexico Nutracosmetic Market by Application, 2018 - 2021, USD Million
TABLE 66 Mexico Nutracosmetic Market by Application, 2022 - 2028, USD Million
TABLE 67 Mexico Nutracosmetic Market by Demographic, 2018 - 2021, USD Million
TABLE 68 Mexico Nutracosmetic Market by Demographic, 2022 - 2028, USD Million
TABLE 69 Mexico Nutracosmetic Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 70 Mexico Nutracosmetic Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 71 Rest of North America Nutracosmetic Market, 2018 - 2021, USD Million
TABLE 72 Rest of North America Nutracosmetic Market, 2022 - 2028, USD Million
TABLE 73 Rest of North America Nutracosmetic Market by Ingredient, 2018 - 2021, USD Million
TABLE 74 Rest of North America Nutracosmetic Market by Ingredient, 2022 - 2028, USD Million
TABLE 75 Rest of North America Nutracosmetic Market by Application, 2018 - 2021, USD Million
TABLE 76 Rest of North America Nutracosmetic Market by Application, 2022 - 2028, USD Million
TABLE 77 Rest of North America Nutracosmetic Market by Demographic, 2018 - 2021, USD Million
TABLE 78 Rest of North America Nutracosmetic Market by Demographic, 2022 - 2028, USD Million
TABLE 79 Rest of North America Nutracosmetic Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 80 Rest of North America Nutracosmetic Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 81 Key Information – BASF SE
TABLE 82 key information - Amway Corporation
TABLE 83 Key Information – Pfizer, Inc.
TABLE 84 Key Information – GlaxoSmithKline PLC
TABLE 85 Key Information – Blackmores Limited
TABLE 86 Key Information – Shiseido Company, Limited
TABLE 87 Key Information – Suntory Holdings Limited
TABLE 88 Key Information – KORA Organics by Miranda Kerr Pty Ltd
TABLE 89 Key Information – Herbalife nutrition Ltd.
TABLE 90 Key Information – GNC Holdings, LLC
List of Figures
FIG 1 Methodology for the research